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4130 Mellis Dr, Indianapolis, IN, 46235

3beds
1baths
1,272sqft
$124,900
$98price/sqft
$1,137/moest. monthly cost
$45,480/yrincome needed

About This Home

Well-located 3-bedroom, 1-bath single-story home on the northeast side of Indianapolis. This property features a functional floor plan with comfortable living space and well-sized bedrooms. Situated on a residential lot with driveway parking and a spacious yard, it offers potential for outdoor use or future improvements. Conveniently located near schools, shopping, dining, and major interstate access, providing easy connectivity to downtown Indianapolis and surrounding areas.

Getting Around

20
WalkingCar-Dependent
35
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

6/10
1/10
3/10
Eliza A. Blaker School 55Grades PK-87.2 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding,Block,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator
  • Laundry features: Laundry Room

Bedroom2

  • Level: Main
  • Area: 90
  • Dimensions: 10x9

Bedroom3

  • Level: Main
  • Area: 104
  • Dimensions: 13x8

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 80
  • Dimensions: 10x8

Features

  • Attic Access,Hardwood Floors
  • Flooring: Hardwood
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,272
  • Total interior livable area: 1,272 sqft

Kitchen

  • Level: Main
  • Area: 165
  • Dimensions: 15x11

Laundry

  • Level: Main
  • Area: 40
  • Dimensions: 5x8

Living Room

  • Level: Main
  • Area: 187
  • Dimensions: 17x11

Master Bedroom

  • Level: Main
  • Area: 126
  • Dimensions: 14x9

Property

Details

  • Parcel number: 490817117037000401
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 9,147 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $631$7,572
Home Insurance *$82$984
Property Taxes $240$2,880
Electricity $184$2,212
Total$1,137$13,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,982/yr
40% on housing$34,110/yr
45% on housing$30,320/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 46235$119
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46235$139
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$134,900
2021-04-09Sold$70,000
2019-08-06Sold$62,900
2016-02-23Listing removed$650
2016-02-17Listed for rent$650
2015-05-13Listing removed$650
2015-03-18Listed for rent$650
2014-01-31Sold$27,000
2013-08-24Listing removed$39,000
2013-05-26Listed for sale$39,000
2013-02-20Listing removed$650
2012-12-07Listed for rent$650
2011-09-26Listing removed$649
2011-07-09Listed for rent$649
2008-06-19Sold$49,533
2005-03-28Sold$76,000

For Sale by Agent

AgentIsabella Frazier
BrokerageTrelora Realty

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